Where and How to Lend PAX Gold (PAXG)

Introduction

Lending PAX Gold can be a great option for those who wish to hold PAXG but earn interest. The steps can be a bit intimidating, especially the first time you attempt them. That's why we have compiled this guide for you.

Step-by-Step Guide

1. 1. Acquire PAX Gold (PAXG) Tokens

   To lend PAX Gold, you need to have it. To obtain PAX Gold, you’ll need to buy it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Nexo	PAX Gold (PAXG)	3,313
   Uphold	PAX Gold (PAXG)	3,311.27
   YouHodler	PAX Gold (PAXG)	3,318
   Kraken	PAX Gold (PAXG)	3,310.16
   Binance	PAX Gold (PAXG)	3,312
   Bitget	PAX Gold (PAXG)	3,310

   See all 42 prices

2. 2. Select a PAX Gold Lender

   Once you have PAXG, you’ll need to choose a PAX Gold lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   Nexo	PAX Gold (PAXG)	Up to 7% APY
   YouHodler	PAX Gold (PAXG)	Up to 12% APY
   Kucoin	PAX Gold (PAXG)	Up to 0.26% APY

   See all 7 lending rates

3. 3. Lend Your PAX Gold

   After you have selected a platform for lending your PAX Gold, transfer your PAX Gold into your wallet on the lending platform. Once it is deposited, it will begin earning interest. Some platforms pay interest on a daily basis, while others do so weekly or monthly.

4. 4. Earn Interest

   Now all you have to do is relax while your crypto earns interest. The more you deposit, the more interest you can earn. Make sure your lending platform pays compounding interest to maximise your returns.

What to Keep in Mind

Lending your crypto can be risky. Ensure that you do your research before depositing your crypto. Don’t lend more than you’re prepared to lose. Verify their lending practices, reviews, and how they secure your cryptocurrency.